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Tuesday, 29 November 2016

Withdrawal of cash from bank deposit accounts - RBI Relaxed withdrawal conditions

RBI relaxed conditions and to allow withdrawals of deposits made in current legal tender notes on or after November 29, 2016 beyond the current limits; preferably, available higher denominations bank notes of ₹ 2000 and ₹ 500 are to be issued for such withdrawals.

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